Inventory Analysis- Segmentation and Variability

Inventory exists because the lead time to provide products to customers is longer than many customers are willing to wait. Inventory can be expensive; therefore, an organization must determine the correct levels to maintain. There are several approaches to balance this challenge. With dynamic business environments, ongoing demand changes can create problems. In this ISM supply management course, you will use forecasting and planning tools that comprehend such variables and ensure the needs of the customer, business and suppliers are met.

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